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for two minutes. ms. castor: democrats and republicans agree that deficit reduction is important. in fact, over the past year and a half we have achieved over $2.7 trillion in debt reduction. now the republicans want to take us through a charade with this tea party budget. if enacted, the republican budget would weaken america's recovery. it would undermine what makes america great and what makes america strong. like education, the ability of students to attend college, medical research and inthe noah vation, the about of -- ability of our older neighbors to live their lives in dignity in their retirement years through medicare and long-term care. now we get a lot of advice and economists across the board, in fact, our own congressional budget office, advise that the best and fastest way to reduce the deficit to is to make sure people across america have jobs and are working. it is inexplicable that the republican budget proposes to eliminate jobs in construction, in education, scientific research, and instead heaps the burden on middle class families. experts predict the republican budge
. this is something that every family in america is asking us to focus on. number two, we need to tackle our deficit and debt fairly and responsibly. as democrats, we understand that is a responsibility that we bear today and we do it in this budget. and number three, we need to keep the promises we made as a nation to our seniors and our families and our communities. many who have struggled so much over the last few years and are counting on us to be there for them again now. mr. president, we'll be hearing a lot more about all these principles today and we're going to discuss the stark contrast between the budget that is expected to move in the house of representatives today and the plan and path forward that we have put forward here in the senate as democrats. mr. president, i will yield to senator sessions for his opening remarks, and we will continue this debate throughout the day. mr. sessions: mr. president? the presiding officer: the senator from alabama. mr. sessions: i thank the chair and would express my appreciation to senator murray for her leadership and who are courtesy and her skill
and leave a nearly $6 trillion hole in the deficit that would lead to tax increases for middle-income families. that isn't balance. that is total imbalance. at the same time, republicans propose cutting $3.3 trillion from programs for people with low and moderate incomes, including hundreds of billions of dollars for food nutrition and medicaid programs. so i want to end by asking the republicans when they come and talk about their tax proposals to name a specific that they would address. it's not in the republican budget. name one, name two, name three. otherwise, it's worse than empty. the chair: the time of the gentleman has expired. the gentleman from wisconsin. mr. ryan: with that, mr. chairman, i yield three members to the gentleman from indiana, r. rokita. mr. rokita: i thank chairman ryan in bringing this budget to the floor. i rise in high support of it. i also am very proud, one of the highest honors i have had in my short time here to serve on this committee. not because of chairman ryan only, but because of the members. by members, i mean republican and democrat mem
to work, taking a shared responsibility approach to our long-term deficits so we bring them down in a balanced smart way and they rejected the idea that we're going to move the economy forward by giving windfall tax cuts to the very wealthiest in the country and the benefits of that would trickle down and lift everybody up. they rejected that lopsided approach that balance the budgets on the backs of everybody but the folks at the very top. balance the budget on the backs of our kids' education by slashing important investments. in that category of spending we make these important investments for our country and our future, they double the cut from the sequester. so those are our investments in our kids' education. those are our investments in science and research to help power our economy. those are our investments to help modernize our infrastructure. they cut transportation by 15% when we have 15% unemployment in the construction industry. so mr. chairman, the american people rejected the kind of uncompromising lopsided approach that we see once again presented here in the hou
nation that does not -- is not riddled with debt and deficit, but also a nation that continues to be the economic leader in the world. and i believe our plan makes -- protects those investments in those key components of growth. and i hope over the coming hours that we will go through this debate and -- and i know we'll have a spirited period of a lot of amendments. this -- this budget i believe will pass and it will have to then find agreement with our colleagues in the house. and i just want to again commend both the chair and, for that matter, the ranking member. at the end of the day, we have to find common agreement to get this done. this issue that hovers all over of our other debates has become a metaphor as to whether our institutions can if you please in the 2 1*9 century. so just as the chair and rank member found agreement through a markup process where both sides were heard and amendments were offered and debated in a fair and open process, i want to both thank the chair and rank member for their commitment. they have different idead about how we get there, but at t
and better jobs for the american people. after all the budgets that never balance and record deficits, job creation, we would be coming off the four best years in modmodern american history, because we had four $1 trillion deficits in a row. another that will, quote, only be $850 billion this year. that's yielded us less than 2% growth a year. we all know if we took the number of americans that have left the work force and recalculated unemployment rate, it wouldn't be 7.8%, it would be about 10.5%. the path that my friends on the other side recommend doesn't work. and the balance in both the r.s.c. budget and ryan budget are much more promising course. they achieve that balance by not raising taxes, while not raising taxes. i think that's very important, too. we certainly aren't undertaxed in this country. my friends on the other side clearly believe that we are. they are going to offer multiple tax increases in all their budgets. i like the budget that does not require tax increases. finally, both these budgets, the republican study committee budget and the republican budget, come to gri
the deficit and invest in the middle class, not be used just to simply cut tax rates for the rich the way that the house budget did. so, mr. president, we have a few more hours of debate this morning between now and 11:00, followed by some votes, and then we will close out debate and move on to all the rest of the votes that we will take before final passage sometime late tonight or early tomorrow morning. i ask the senate -- as the senate majority leader said, we have hundreds of amendments filed. if we were to vote on every one of them, we would be here voting every single hour all the way through monday or tuesday. i know most members know that's not going to happen. so i would really encourage every member of the senate to work with the manager on their side to let us know which amendments are your priority so we can get them up sooner rather than later and vote on the ones that you want us to. so i urge all of our colleagues to work with us and our staffs and with ranking member sessions and his staff to make sure we know what your priorities are, how you would like to proceed, and w
that america does have a debt and deficit problem and we need to take it very seriously. the fact is, the vast majority of our debt problems relate to the costs of health care in america. now that the debate over obama care is over, we should start thinking about how to get america's health care costs under control. as it turns out, two new works, a book and a magazine cover story provide some very useful ways to think about it. the central debate between democrats and republicans is over whether the free market works well in health care. in a new book, catastrophic care, david goldhill makes the case for the market arguing that people need to become consumers of health care so that they, not insurance companies, not the government, actually see, feel and pay the bills. that will force producers of health care, doctors and hospitals, to push down prices and drive up quality. that's what happens with groceries and television sets and computers. lasiks surgery which is not covered by health insurance, has seen a 90% drop in price and increase in quality since it was introduced in the 1990s. that
, there is a budget, and it is well-done. and it has strong deficit reduction and strong investments. it's balanced in a way that the ryan plan is not. it saves medicare where he destroys it. it invests in education and infrastructure, where he destroys that. his budget budget is a wrecking. our budget, you should the able leadership of senator murray, is a path of -- an optimistic path to our future, not a pessimistic, painful plan that mr. ryan has put forward in the name of the republican parliamentarparty.now, you are a filibuster, and it is possible that we could end it, but i will tell you this: we are trying for some friendship and comity across the aisle right now. we want to keep the government open. okay, so the senator from kansas stood here last night and said, the reason he is filibustering -- he never used that word, but the reason he is insisting that we spend 30 more hours, 40 more hours, 50 more hours on this, last year's business, which is last year' year's appropriation, is because he demands to have a vote on his amendment that he feels very strongly about. and it has to do with
a jobs deficit. we have a budget deficit. and these are the byproducts of a leadership deficit. we still have no budget from the president, in violation of the law. he gets his ncaa bracket in on time but still no budget. this is the fourth time in five years. he set a new record this year, two months with no plan, while we had trillion-dollar deficits and a debt crisis on the horizon. his party leaders, unfortunately, failing offering a serious account of our challenge. no serious plan to grow our economy or create jobs. no plan to ever balance the budget. take more. trillions of dollars more to spend more in washington. that's what got us in this mess in the first place. so what can be done? the good news is that we now have a vehicle for regular order. the democrats derailed the budget process each of the last few years and stopped governing when they stopped budgeting. at least we now have a budget process that's moving. we brought them back in the game this spring. that's a good thing. so what's going to happen in the weeks ahead? well, we will make the case for our priorities. whet
our first order of business will be to get our deficits and debt under control. >> then just this week, a different tone. he said we don't have an immediate crisis in terms of debt. in fact, the next ten years it's going to be a sustainable place." congressman van hollen, why the change? >> it's not a change. they're totally consistent. right now our big problem is to sustain the economic recovery. we've seen momentum in the job market. and the last thing we want to do right now is to put the brakes on that. in fact, one-half of this year's deficit is due to unemployment, the fact that more people aren't at work. so what the president saying our focus right now should be to get people back to work, sustain the recovery, and then reduce the deficit in a measured, balanced way. there's no doubt that we have to do it and the budgets the president will present and the ones we will present will do that. it will put us on a sustained downward trajectory on deficits. but our priority is job growth. >> this is the point, right? his argument is don't get us in the middle of austerity in the nex
deficit by almost $6 trillion in 10 years. reduce ay budget would little under $2 trillion in 10 years. >> what other groups are offering their own budget plan docks water they likely to focus on? >> -- who will be issuing their own budget plans? budget will be similar to patty murray's budget in the senate. increases,ave tax but neither would balance the budget in 10 years. also the congressional black caucus and the congressional progressive caucus will be introducing budget. it's possible a ryan version could be introduced in the senate. >> what is likely to happen in the senate this week? >> it will be democrats making the case for the patty murray budget. convince someto democratic senators who may not support that budget. they will have to sell it to democratic senators as well as republicans. no republicans are likely to vote for the budget. they will be calling for more spending cuts, no tax increases, balancing the budget sooner. >> republicans say this to be the first time in four years they have agreed to put forward a plan. why is this your difference? are a number of diffe
through a state where wisconsin had faced a multibillion dollar budget deficit, we were having double-digit tax increases, and we saw some of the record job loss that we've seen in the past. so what did we do? we came in and took that deficit, $3.6 billion, and today it's nearly half a billion dollar surplus. we took up -- [applause] we took a state where taxes had gone up, and we not only lowered the overall tax burden for the first time in years, property taxes on a median value home had gone town in each of the last two years. [applause] and when it comes, and when it comes to jobs under my predecessor's term, wisconsin had lost 133,000 jobs, and back in 2010 a survey showed just 10% of our employers thought we were headed in the right direction. today we're gaining jobs and 93% of our employers say wisconsin is heading in the right direction. we can lead with an optimistic message. [applause] simply put, we showed in our election that when people realized the debate was between who do you want in charge, the big government special interests n this case the employee unions, or do y
reduce unemployment to nearly five -- two near 5% and three years. it would reduce the deficit by $4.4 trillion over 10 years. and it would strengthen medicare and medicaid amah and you'd be asking the wealthy to pay their fair share. -- medicare and medicaid and you would be asking the wealthy to pay their fair share. guest: the institute of policy analysis estimated that you are spending money on infrastructure. we have a to point to dollar trillion infrastructure deficit, according to the transportation -- american society of civil engineers. building roads, highways, bridges, etc. you put people to work building schools and other necessary things. you give money to the states. the states have laid off 700,000 cops, firefighters, and teachers. you give money to states for couple years to rehire them. those kinds of things add up. by doing all this, you stimulate the economy. that means the private sector generates more jobs. it comes to about 7 million altogether. host: what do you consider fair share when it comes to wealthy taxpayers? guest: we propose two different things. numb
and bennett, the head of this new party on the right. it's unclear to me, i think you have a knowledge deficit that you didn't have the last time around. when you had someone with barak's experience, begin's experience, all these guys are gone. and the question is, does that mean the wheels, the brakes have come off the train? and that now it's more of a runaway car? or are you saying, no, not at all. livni might be there, and there'll be people who might not have the same amount of years of experience, but are maybe counterpoints to some of the other forces. so what's unclear to me yet is to what extent that forum that netanyahu relied upon, how central is that going to be? what is going to mean the loss of that knowledge, that deficit of experience? but i do think for the key factor, he definitely sees that his goal is that israel just be a normal western country, that the middle class have a better quality of life. sounds very familiar to people here. but he has said that the road to that is dealing with palestinian issue. not dividing jerusalem, but everything else. we've got to work this
policy center, the ryan budget would have managed to actually add $5.7 trillion to the deficit . a close look at the math makes it clear that the ryan budget can't recoup the revenue lost from its tax cuts without imposing large tax increases on the middle class families. the tax policy center was unwilling to speculate on where the lost revenue would come from. in addition to the economic policy institute estimates that e ryan budget would kill 750,000 jobs this year, two million next year and increased gross domestic product by 1.7 percentage points. the priorities of this budget are all wrong. it kills jobs, stifles growth and adds to the deficit. all while making life harder for seniors, women, children and the most vulnerable in our society. the math of the budget just does not add up. simple arithmetic tells you that the only way to pay for mr. ryan's proposed tax cuts for the fortunate few is to eliminate many of the deductions that middle class families count on to pay for housing and health care and to save for their retirement. the ryan tax plan would further burden those who a
trillion in debt. we have deficits we can't even wrap our arms around, and they want more of your money. if you were a financial advisor that put you $1 million in debt and ripped through your college savings for your children and all of your checking account and said, just give me more money and we'll solve the problem, would you do it? absolutely not. more than jobs, though, we are also working to save medicare and social security, the commitments that we have made to the american people. so let's take a look here at the big picture. here's a budget breakdown of where we are at right now. look, your eyes are glazed over and we start talking about the trillions of dollars that we spend, but let's take a look at what you pay versus what you expect. this big blue part right here? that's on auto pilot. no adults have come to the table to talk about where we are at today and how to actually save your social security and medicare and medicaid in this big blue part. we are doing that today. house republicans in balancing the budget. but this is what you expect from the federal government. yo
. >> let me quote dick cheney, who said ronald reagan taught us that deficits do not matter. dick cheney was wrong. he was wrong then and now. of course deficits matter, but any one of you who supported the bush plans has no right to speak. i helped bill clinton balance the budget and build a surplus. why? because we had good economic times. in good economic times, you pay down the deficit, but reagan and bush did not, and in bad you have to stimulate in the near term, as thank god president obama is doing. we democrats will balance the budget once again. >> paul, which is more important to america's pursuit of happiness -- which is more dangerous, excuse me, than a 357 magnum -- >> in my home you would find 17 guns and no cans of soda pop. i have the right wing position on the giant drink soda thing. i do not like the idea, and i think bloomberg is a fine man, but i do not like government telling us what size to buy today. this one, i am with tucker and most of you. i have the right wing position on gun safety. i have the same position as ronald reagan, who was for a waiting period befo
. it never balances. never comes close to balancing. it claims that it reduces the deficit over 10 years by $1.5 trillion. that is not correct. [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've been buying ragu for years. [ thinking ] i wonderhat other questionable choices i've made? [ club scene music ] [ sigh of relief ] [ male announcer ] choose taste. choose prego. bill: there's a top republican senator now demanding answers from the fbi director after not being briefed on their benghazi investigation for the last six months. four americans died in the assault on the u.s. consulate including our ambassador chris stevens. senator susan collins says she wants some simple questions answered. quote, are any of the suspects believed to be responsible for the deaths of these four americans including ambassador stevens in u.s. or libyan custody? how many suspects in the attacks are still at large? a few other questions after that. virginia republican congressman frank wolf has been fighting for answers in benghazi. he is our guest now. sir, good morning,
that trying dollars deficit can quickly spin out of control because interest rates growth and people don't want to borrow going to get. if interest rates go up, the united states is even worse here the deficit will go up even more. what is already in the current situation will spin out of control very easily like we've seen happen in greece and other countries. that want to talk about the impact of obama's views on the. another area where people are educated. it can make a difference just like educating people with regards to the deficits were facing and that deficit supposedly help the economy. before i get into this, we both taught at the university of chicago law school. the first time i met him i introduced myself and say you are the kind of guy. as idiotic as silk. and i had no he would help me out with the city of chicago since i'd heard that. they said maybe we can get together for lunch sometime. but he kind of wrinkled his face, turned his back to me and walked away and that was the end of our first conversation. i have to say rinne two and 20 other times and it's pretty much th
, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipartisan group. we couple it with targeted cuts and reforms over a period of time. and if you actually look at the totality of the budget changes we made over the last couple of years, including the $1.5 trillion, we have a higher ratio of cuts to revenue. considering all the revenue than sim spso simpson-bowles did. a
billion deficit. they don't want to get to where stock toeupbs righ stockton is right now so they are under this emergency pherg, state control. a lot of people have scheduled a protest today, are being called for to protest this move. what exactly wha will he be responsible for? >> slicing and dicing. cutting salaries of city employees. detroit already has a high crime rate. you don't want what happened to stockton, just like matt said they have per capita more murders in the city of chicago. how is that possible, little stockton? if you look at the map in california everybody was moving out in san francisco, properties were too high there, same with palo at torques silicon valley, they moved to stockton. what could happen in detroit unless they start cutting more. if detroit has to file for chapter 9 bankruptcy municipal that would make headlines around the world and kind prus would be booted off the front page. >> that's what they are trying to do and -- >> the mayor and the city council loose all the authority they shr-fplt they've been trying and they can't do that. the
the deficit, more stimulus and spending. we are in the funny process where we will wrap up 50 hours of debate and then start the unlimited amendment process. any issue you have heard your callers call in and complain --ut, we might see today drone strikes against u.s. citizens, taxes, repealing healthcare -- they might all come up, but it is adding to a nonbinding budget resolution, so it is interesting and it might give people clues. host: a headline in your sayscation, "the hill," the senate is poised to pass a budget. guest: i think democrats will control the process and get it passed. .hey have a small window they can afford five democrats to not vote for it and still pass it, and in that case you would need vice president joe biden to break the time. -- the thai. .- tie there is pent-up frustration on the republican side about no real budget debate over four years. once it is passed, a lot of people will feel better. democrats will say we passed a budget, republicans get to complain about the budget month but from there it is hard to see how the senate budget reconciles with the house bu
. hold on, mercedes, let's acknowledge what has happened, the deficits have dropped now for 3 straight years at a rate lower -- faster pace than we have seen since the end of world war ii. nobody wants to acknowledge that. but they are coming down because we did have to engage in emergency spenning when the chitanked and we are coming out of that. we have to have balance -- that's good. but what is really good is job creation and a strong economy. we are seeing the effects of austerity. they would trade our economy for theirs in a success. in realtime, as consequence of austerity. >> what do we do? 85% of americans want to see a balanced budget. we are not even anywhere near that with these plans? >> unfortunately, i think when you look at basic fact of the two budget proposals, we are so far apart and we need leadership from the president. we are able to find out what the president's march madness 56 are before we -- before he unveils his budget. again, i think that it really comes -- from president obama to take a lead, to keep meeting with republicans and enable to try to bring the
the deficit long term. the democrat budget, of course, talks about a big tax hike over ten years of about $1 trillion. republicans say they're not going to do that. they want to roll back obama care. these are the two outside extreme positions. that's where we're at now. going forward can they come together and find some middle ground? >> weigh in on that, lauren. is there really a chance for reconciling these two extreme budgets? >> i think david kind of nailed it here. when it comes to the budgets, they're just a little bit too far, but this budget process isn't a waste of time. i think it's promising that they went through regular order. this is something that the senate hasn't done. they haven't passed a budget this a long time. i think what we'll see is this may open the door to pass some appropriations bilts for 2014 and this could put us on the road for a long-term deficit reduction deal. these are just opening gothss here. >> david, as i look at your article, it focuses on immigration reform and how it's making its way through the senate. where do things stand right now? >> alex, the
without a hint of how it would be possible. without exploding the deficit or dramatically raising taxes on the middle class. this is consistent with what the romney ryan ticket said on the campaign trail last fall. the same issue where they dodged, assembled, and ignored the perfectly reasonable question how is it possible? six months later it's back in the budget but there's still -- but there still is no answer. during the last 40 years there have been only four budgets without deficits. the last three clinton budgets and the one that george bush inherited from bill clinton. in each case taxes as a percentage of the total economy were over 20%. in this republican fantasy land budgets are balanced with revenues at 19% of the economy, yet meeting the needs of 78 million more seniors and a infrastructure deficit that is growing as america is falling apart. clearly this is not remotely possible if we are going to enjoy anything like our current quality of life. there is a real world intersection of budget saving opportunities with potential areas of agreement. health care reform is one. b
be in a deficit in 10 years the argument however is that the senate budget creates jobs and economic growth from the middle out. now, that's according to the author. senator pattie murray. for the democrats the vote is a really big accomplishment. >> first of all, over the last two decades the average budget resolution considered 78 amendments. we have done 101. the average vote arama 70 amendments. twice as many. doing this has been a her could herculessen feet. senator murray and senator sessions. >> during the vote senators were facing more than 500 amendments which were filed but 70 were voted on. of course when you do take a 13 hour six minute vote there has to be a little bit of humor. >> it is good to say that as -- as of this time, 5:00 a.m., there has not been a day without a budget being passed in the united states senate. >> and some interesting observations from the vote. all democrats voted yeah with the exception of for up for re-election 2014. unfriendly to democrats. mark beg gich from alaska. baucus from montana. pryor from arc. hagan from north carolina. recently passed the rya
a knowledge deficit you didn't have the last time around. you someone with obama's experience. all of these three guys are gone. the question is, does that mean that the wheels, the brakes have come off the train? and that now it's more of a runway car? or you say, no, not at all. it might be there. and there will be people who might not have the same amount of yearns of experience -- years of experience but are counter point to the others. it's unclear to me yet to what extend the forum, the netanyahu relied upon, how is that going to be? what is it to mean the knowledge of the deficit of experience? but i do think from what -- the key factor he definitely sees that his goal is israel be a normal western country. the middle class has a better quality of life. but he said that the road to that is dealing with the pam issue -- palestinian issue. everything else you have to work it out. i don't know though you know what that means. you have bennett gave an interview or somewhere quoted in an column when a reporter asked him about it he said i have no clue. it's guy on the inner circl
, and then it part of the new party on the right. i think you have a knowledge deficit that you did not have the last time around. these three guys are gone, and the question is, does that mean the brakes have come off the train? now it is more of a runaway car? you say no, lapid is there. have theo may not same experience, but maybe our counterpoints to some of the other forces. what is unclear to me yet is to what extent that for rum -- forum, how central is that going to be? and will that knowledge deficit of experience mean yeah g? he definitely sees that his goal is that israel be a normal country than the middle class has a better quality of life, it sounds familiar to people here. that is dealing with the palestinian issue. work this out.to i don't know what that means. and it gave an interview and was , when the reporter asked him about iran, he said, i have no clue. this is a guy on the inner sanctum of israel. he says, i have no clue. i just wonder how this constellation is going to configure itself. i would hope that a lot of time, the foreign diplomats, whether it is in europe, our count
the deficit. you have to have a process. now every package we get has been 11th-hour, crafted by the leadership behind closed doors. it concentrates the power in the hands of leadership and takes at away from the rank and file. take gets you to a place where i did not get everything i wanted, but i get some of what i want it. everybody does not expect to get 100 percent. you did not expect that you are going to get more hundred% adopted. the same is true in congress. they have to reconcile those differences. the only way to do that is still a legitimate process. it has to be bipartisan. somebody is on to say, bipartisanship is not a theory, it is a political necessity. >> i am going to have to ask if we have time for one more question. we have time. you guys are lucky, at least one of you is. inwill get to a microphone one second. would you please come up here. the sandtist and on -- sanford andl don't that society. one of the major concerns in this country is the affordable health care act, and there is a lot of concern about that. i have to ask senator daschle, snowe, and no
trillion deficits -- that would be the annual difference between what we bring in and what the government spends -- four in a row more than a trillion dollars -- after more than $1.6 trillion in tax increases, after hundreds of billions of dollars worth of new regulations, our country is mired, we are mired in the longest period of high unemployment since the great depression. that is a direct consequence of this huge debt and our creditors' lack of confidence that we're actually serious about dealing with it. indeed, many workers have simply given up on finding work, which is one reason why our labor force participation rate is now at a 32-year low. unemployment's almost 8% but that doesn't take into account the millions of people who have simply given up looking for work after a long period of unemployment. since june 2009, when the recession officially ended, median household income has fallen by more than $2,400. so instead of treading water, the average american family is seeing their buying power decrease by more than $ 2,400 since 2009. at the same time, they're finding not only ar
. >> the mayor has to do something. they've got a $1 billion budget deficit. so he has to do something. but the problem is, what does he do? at the beginning of the school year, some people are saying they got off easy with just 50 schools, carol. at the beginning of the school year, they said they were going to close potentially 80 to 120 schools. so it's causing issues. there's no money. also, racial issues in the city, because black alderman are saying, we got you elected and now you are closing most of these schools in black neighborhoods on the south and west sides of chicago. and you didn't listen to us. there was no consensus about which areas and which schools should be closed. so it's causing some big issues, beyond money. >> i would suspect that parents are concerned about their children's safety, too. because these children now have to be transported farther to school. they can't go in their own neighborhoods. >> and besides the issue that we have with guns, we can talk about. but, yes, safety, just outside of that issue, where are the resources going to go? which schools? i
. >>> just for josh we have this headline. the miami heat fought back from a 27-point deficit to beat the cleveland cavaliers extending their winning streak to 24 games. they have nine to go before tying -- >> unbelievable -- >> all-time -- you should have been sleeping instead of watching. too good. >> there's history to be seen. >>> finally imagine being 9 years old and having a dinosaur species named after you. well, daisy morris doesn't have to imagine. a few years back she uncovered a fossil on an england beach and scientists eventually concluded it was an unknown species of flying dinosaur and look at the name they have given it, vectidraco daisymorrisae. she is so passionate. one expert said her bedroom looks like a natural history museum with all the fossils. how about that for show and tell. >> robin? >> that's great. >> okay, you two. >>> now to what could be a major breakthrough in the fight against cancer. we're very excited about this. in a clinical trial patients' own immune cells were altered to fight a deadly form of leukemia. one patient is said to be cancer-free afte
for tax revenue to help reduce the deficit. it calls for more spending. we are in the funny process where today, we will wrap up beforehand 50 hours of debate and start the unlimited amendment process. any issue that you have heard complaints about, we might see votes on today. droneld be stuff like strikes against u.s. citizens, it could be taxes and repealing healthcare. the point to remember, this is adding on to a budget resolution. it is interesting and it may give people clues as to what appetites there are in the senate to pass or repeal certain elements of policy. host: the headline says the senate is poised to pass a budget. do you expect it to pass? guest: we do expect it to pass. behink the democrats will able to control the process and get it to pass. they have a small window. you would need vice president biden to come down and break the tie. the significance is, this is the result -- there is a lot of pent up frustration on the republican side. that is why we might see a late night tonight and into the morning. once it is passed, i think a lot of people will feel better and
. cyprus needed a total bail out of 17 billion euros and they needed to to fund their banks and deficit. they said we will only give you ten and you have to come up with the other seven. it led to runs on atms in cyprus and protests as the president arrived at parliament. here's what they decided to do. they're going to tax bank depos sxits the ox original plan on saturday, 10% if you have an account larger than 100,000 euros and here's what led to the protests, 6.75% if you're under 100,000 euros and that's fdic deposit insurance. market watchers were aghast that insured depositors would be hit, but the insurance was essentially a falsehood. what if citizens in italy or spain begin to think that they being lose their money even if it is supposedly insured? could that lead to bank runs? it is so controversial the cyprus parliament couldn't get it passed yesterday. they say they would do it today. it didn't happen and now they're trying for tomorrow. they are re-working the plan so the smaller guy is not hit so hard, but still, it appears they're going after insured deposits. why did the
down to have our deficit reduced to 3% by 2015 because of the fact of a program of assistance from from the e.u. and the imf. we are now actually ranked number one in the world for skilled labor. economic recovery in itself is never in and of itself in keeping with the democratic ideas as for what recovery can do for the people in terms of the social impact of the contribution they can make to their localities into their country. political will, culture and social and economic and that recovery and all its potential has come following a very hard piece in ireland. we have some experience of this and to contribute validly too many contributions around the world. in fact the president made the point that since the united nations was founded ireland is the one country, the one country small though it is that can validly point to personnel and peacekeepers and in some location around the world on peacekeeping missions and humanitarian missions since the u.n. was actually founded. you are well aware of the troubles in ireland over a 40-year period and how painful that was and how it affected
't even know we had a national debt or deficit. but then a grassroots movement known as the tea party started to emerge. [cheers and applause] and what made the tea party so effective was not only it came from the grassroots, but it had three core values; fiscal responsibility, constitutionally-limited government and free markets. and because of the tea party, we were able to put patriots like michele bachmann, joe walsh into congress so they can make sure that congress will not continue to spend my generation's money. [applause] we need to save the tea party so that we can save america. [applause] ladies and gentlemen, please welcome jenny martin from the tea party patriots. [cheers and applause] ♪ >> thank you. [cheers and applause] picture this: college students in this country who are optimistic about the future and look forward to living the american dream. after college they pursue their careers and begin to make a living. they become parents and put food on the table for their children, save for their retirement and still have money left for leisure activities and vacations.
, thankfully. >>> facing a $1 billion deficit, chicago public school system is making some really big changes. ceo barbara byrd bennett says the district's underutilized skols will be closed. they have not said how many schools are expected to close but opponents say they unfairly target minorities. >>> 24 and counting for the miami heat. but it was not easy. it hasn't been easy the last few games. lebron james and company came back from 27 points down in the third. >> can you believe that? >> beat his old team, the cleveland cavaliers 98-95. a triple-double. 12 boards, 10 assists. the heat are now within nine games of the nba record for consecutive wins held by the '71-'72 los angeles lakers. >> do you think they'll do it? >> no. they almost blew it against the celtics, almost blew it against the cavs. they are the best team i've seen in years. i don't think they should ever lose necessarily but that's a lot of games to win in a row. >> i can't believe they were down that much and came back. >> i can't believe you can do that every night. >> i think they're doing it on purpose. >>> recovered
is it doesn't really look like a whole lot. surely not enough to fill our deficit at this point but it is going to bring back the cooler temperatures in the overnight hours with the cloud cover. we will actually see our 0 overnight lows and our morning temperatures come up. low 40s in the forecast tuesday, wednesday, thursday. unsettled weather wednesday and thursday with a bigger storm moving in for the weekend. this second system, or third system i guess we could call it, could bring us scattered showers for saturday and sunday. >>> on tuesday night the sacramento city counsel will consider throwing up a last- second shot to keep the kings from leaving town. the city has struck a daily to build a new $448 million downtown arena, and it would be the largest redevelopment project in sacramento history with up to a million and a half square feet of offices housing shops and a hotel. the city would pay $258 million with most of the money coming from the sale of bonds supported by parking revenues. >> that's part of revitalizing our downtown. that's part of completing the rest of k
. they will take middle-class money. they will take everybody's money in order to pay off the deficit. it's something you have to think about. >> brian: there was a report from somebody in great britain, an authority of some sort who was talking about, given what has happened in sigh plus, if i had money in spain i would get it out. >> no, it's being talked about in other places. in worse of terms of condition, spain is a good one, greece and lots of other places and they are talking about it. you know, at some point maybe they start talking here. what ultimately that means is that jobs will -- you think we have bad unemployment now. you will see unemployment like you've never seen it before. >> gretchen: somebody from your show, celebrity apprentice, a lot of people will be shocked they didn't see it. amarosa and claudia got the hook >> why didn't she bring amarosa back? in all fairness claudia, i have to defend you. if she was brought back it wouldn't matter. you were the project manager and you failed. you have a great future. i'm sorry -- you're fired! >> did you for a second i can't
. here is the next question. is reducing the federal deficit a worthy goal in and of itself? and 85% say yes. 11% say no. it's not just john boehner who said it's not an immediate problem. paul ryan, the face of fiscal responsibility himself this past weekend on one of the sunday shows said not an immediate problem. so americans have gotten the message that it is a problem and that we should be tackling it right now, even though our lawmakers feel it can be down the road a year, five years, whatever we tackle it. >> brian: our next guest has nothing to at to this subject. so i'll move on. >> steve: he does. he's going to -- >> brian: he's coming out of his chair. solar companies were supposed to boost our economy. now evidence they might be tanking our economy. you remember solyndra that cost american taxpayers more than $500 million. turns out it may have a successor. >> steve: months after opening, the oregon based solar panel company, solo power, is facing layoffs, putting 250 million of our taxpayer dollars in jeopardy. apparently stuart varney, we learned nothing from solyndra. >> n
. hagan: thank you, mr. president. this amendment establishes a deficit -- the presiding officer: the senate will be in order. mrs. hagan: mr. president? the presiding officer: the senator from north carolina. mrs. hagan: this amendment establishes a deficit-neutral reserve fund for families of service members and veterans. my home state has the third largest military footprint in the nation. one out of every three people is in the military, a veteran or related to a service member or veteran, and we are proud that we make military families welcome in north carolina because supporting military families is one of the best ways that we can support our troops. this amendment is deficit neutral. it will not add one penny to our deficit. it helps to create room in the budget for legislation to help military families in areas ranging from health care to housing and from education to job placement while their loved ones are serving our country away from home. a vote for this amendment is a vote for our military families, for the sons, daughters, husbands, wives and families who sacrific
that it is the entitlement program -- social security and medicare, the primary drivers of our debt and deficit. this is a simple amendment. it says it establishes a budget point of order that any budget resolution that is brought forward that does not count or does not prepare a 75 year solvency for social security and medicare would be out of order. in the next 20 years we'll be paying out $5.1 trillion in benefits in excess of what we are bringing in in terms of dedicated revenue to the payroll tax. the unfunded liability of social security is $20.5 trillion. for medicare the unfunded liability is $42.8 trillion. these programs must be reformed so they are saved for future generations. again, i would hope everybody would support -- the presiding officer: the senator's time has expired. mr. johnson: -- any budget that does not have 57 year solvency. the presiding officer: the senator from washington. mrs. murray: social security and medicaid played a critical role in providing a foundation of financial security and health care for hundreds of millions of americans over the decades. democrats
of all of our problems that were caused because of the sequester and still do deficit reduction, get our budget toward balance. and if that happens, this sequester will end. not only for the f.a.a. my friend is right. this is ridiculous. but for the 70,000 children who are being cut out of head start. why isn't there more discussion about that? when we know every dollar invested in a child, in head start, saves $10 because they get that head start in life. and where's the outrage of the h.i.v. -- 421,000 fewer h.i.v. tests? that's a public health emergency when 421,000 people can't get their h.i.v. tests, they don't know if they're h.i.v. positive. they could spread the virus. that's what's happening with this sequester. 10,500 lost teacher jobs. 2,700 will lose title 1 funds. that's a million kids who are getting special reading help because of this sequester. i think we all agree, the sequester is no way to govern. we can get to pay balanced budget without a sequester. we did that under bill clinton. we had a balanced approach. we made investments in our people. we cut out unnecessary
of the problem that we're in as a country in terms of our debt and deficits, we have to have programs that have metrics on them, they have to be followed up, the grants have to be followed, and they need to be held to account. so i hope my colleagues -- i have no hopes of this passing, because most of the colleagues won't actually look at the research that's been done on this, won't look at the effectiveness of it, won't look at the waste, and they'll vote a party-line vote to defeat this amendment. we'll get 45 or 50 votes or 51 or 52. but it'll go down and so consequently real problems that have been oversighted by the permanent subcommittee on investigation, really oversighted by the department of homeland security, the real solutions to problems won't happen because of the way this place is being run. i'd next like to talk about amendment 93. amendment 93 follows a recommendation of the president -- not my recommend day, the president's recommendation. and what this amendment would do is actually take money that has been directed for expired heritage area authorizations that weren't any rec
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